May 17, 1999 (The Editor’s Desk is updated each business day.)
Slower growth in health services
earnings in the 90s
In 1998, hourly earnings in the health services industry rose
3.5 percent, fully 2 percentage points under its 1987-92 pace. Earnings growth in the
health service industry was 1.1-percentage points higher than in the services industry
division in the 1987-92 period. Growth fell to the same rate as the service industry in
1992-97, and was 1.1-percentage points below the service industry average in 1998.
[Chart data—TXT]
Although wage growth has subsided in health services, average hourly earnings in the
industry still were 88 cents greater than the average for all services industry workers.
In 1998, workers in health services earned $13.72 per hour compared to an average of
$12.84 for the broader services industry division.
While earnings growth in the health services industry was edging down, business
services saw earnings increase sharply. Earnings in business services grew by 2.7 percent
per year from 1987-92, 3.5 percent in 1992-97, and 6.1 percent in 1998.
Industry employment and earnings data are a product of the Current
Employment Statistics program. For more information, see "Health services industry: still a job
machine?" Monthly Labor Review, March 1999.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »